Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg
Shakeout looms for China’s electric car market, as 80 per cent of start-ups predicted to go under
- Only 20 to 30 electric vehicle makers may survive, says Beijing Electric Vehicle Co senior executive
- There were 486 EV manufacturers in China as of March, more than triple the number two years ago
Topic |
Electric cars
Attendees look at an electric sport utility vehicle on display at last month’s Auto Shanghai 2019 show in China. Photo: Bloomberg